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What are the advantages of implementing accounting information systems in small and medium enterprises?
Wiki User
∙ 15y ago
Every company starts with the dream to grow big.This is the same answer for the question why you want your son or daughter to be studied in the best university like harward or IIT.The intension is to provide good steering and to take the small and medium company to the biggest platform available.To take the company to the apex position, promoters need to have data to know the present health of the company and this will only be provided if the accounting system is placed correctly at the right place.The Accounting system will show the correct figures and analysis this in terns leads to taking correct decisions depending on the present market condition.So if you get the vacination at the right time your baby will be away from all the life taking diseases.
Wiki User
∙ 15y ago
Wiki User
∙ 9y agoMany small and medium scale businesses use accounting software like Quicken. Some small businesses continue to do manual accounting because they don't have to do it each day.
businessgeek
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